Hyundai India To Set Up New Diesel Engine Plant

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Hyundai India will invest Rs. 400 crore and set up a CRDI Diesel Engine plant in India very soon. The annual capacity of the plant will be close to 1.5 Lakh units per year. The location of the plant is yet to be finalized and it will help Hyundai to avoid the imports of Diesel Engines from South Korea Hyundai plant. This will help increase localization of the cars and bring down the prices of Hyundai Diesel powered cars in India.

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source – CarWale

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